X restricts Changpeng Zhao’s account after name change removes ‘Binance’

Social media platform X (formerly Twitter) restricted the account of former Binance CEO

It’s unclear whether CZ, known for being an active user on the social media platform, will cut back on posts after stepping down as Binance CEO. The crypto exchange’s global head of regional markets, Richard Teng, has assumed the leadership role, though he boasts a modest 231,600 followers on X compared with Zhao’s 8.7 million.

I want to get even more connected with the #Binance community on .

Who should I follow?

— Richard Teng (@_RichardTeng) November 23, 2023

On Nov. 21, the United States Department of Justice announced a $4.3 billion settlement with Binance, requiring CZ to pay $150 million as part of civil cases with regulators. The former CEO also pleaded guilty to one felony count related to a failure to maintain an effective Anti-Money Laundering program at Binance.